SHORE BANCSHARES INC (SHBI) Stock Technical Analysis
NASDAQ:SHBI • US8251071051
18.79 USD
+0.21 (+1.13%)
At close: Mar 2, 2026
18.79 USD
0 (0%)
After Hours: 3/2/2026, 8:00:02 PM
Taking everything into account, SHBI scores 7 out of 10 in our technical rating. In the last year, SHBI was one of the better performers, but we do observe some doubts in the very recent evolution.
- In the last month SHBI has a been trading in the 18.28 - 20.68 range, which is quite wide. It is currently trading near the lows of this range.
- The long term trend is positive and the short term trend is neutral. The long term trend may just continue or reversal may be around the corner!
- Looking at the yearly performance, SHBI did better than 78% of all other stocks. We also observe that the gains produced by SHBI over the past year are nicely spread over this period.
- SHBI is part of the Banks industry. There are 379 other stocks in this industry. SHBI outperforms 78% of them.
- SHBI is currently trading in the upper part of its 52 week range. The S&P500 Index however is currently trading near a new high, so SHBI is lagging the market slightly.
SHBI has an excellent technical rating and also presents a decent setup pattern. Prices have been consolidating lately.
More info and screens
13.06
20.58
We found 5 important support areas.
- Support @18.15 from a trend line in the weekly time frame.
- A support zone ranging from 17.41 to 17.41. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @16.01 from a trend line in the daily time frame.
- A support zone ranging from 15.18 to 15.24. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @13.19 from a trend line in the weekly time frame.
When analyzing the resistance we notice one important area.
- A resistance zone ranging from 20.33 to 20.38. This zone is formed by a combination of multiple trend lines in multiple time frames.
The Technical Rating and Setup analysis above combine different indicators and trends in different timeframes. Individual signals from indicators may give more contradictive signals and should always be interpreted in the more global context.
| Indicator | Value | Signal | Comment |
|---|---|---|---|
| ChartMill Long Term Trend Indicator | UP | POSITIVE | The long term trend for SHBI is up. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for SHBI is neutral. |
| ChartMill Relative Strength | 78.09 | POSITIVE | SHBI has a high relative strength, it outperformed 78.09% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of SHBI is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of SHBI is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of SHBI is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 45.25 | NEUTRAL | The RSI value for SHBI is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.18 | NEGATIVE | The MACD value suggests SHBI has a negative trend. |
| Stochastics (14,3) | 21.85 | NEUTRAL | The Stochastics value for SHBI is a neutral value. |
| Average True Range in percent/ATR (20) | 3.25 | MEDIUM VOLATILITY | The ATR as a percentage value for SHBI suggests some volalility. |
| Average Directional Index/ADX (14) | 21.24 | NEUTRAL | The ADX value for SHBI suggests a possible start of a new trend. |
Daily CandleStick Patterns
Bullish Engulfing (D)
Bullish Hammer (D)
Bearish Inverted Hammer (D)
Hanging Man (D)
Bullish Harami (D)
Doji (D)
Gravestone Doji (D)
DragonFly Doji (D)
Bearish Engulfing (D)
Bearish Shooting Star (D)
Bearish Harami (D)
Inside Bar (D)
Red Dog Reversal Down (D)
Red Dog Reversal Up (D)
Dark Cloud Cover (D)
Weekly CandleStick Patterns
Bullish Engulfing (W)
Bullish Hammer (W)
Bearish Inverted Hammer (W)
Hanging Man (W)
Bullish Harami (W)
Doji (W)
Gravestone Doji (W)
DragonFly Doji (W)
Bearish Engulfing (W)
Bearish Shooting Star (W)
Bearish Harami (W)
Inside Bar (W)
Dark Cloud Cover (W)
Daily Chart Patterns
Bull Flag
Bear Flag
Ascending Triangle (D)
Descending Triangle (D)
Symmetrical Triangle (D)
Squeeze
Channel (D)
Channel Up (D)
Channel Down (D)
Rising Wedge (D)
Falling Wedge (D)
Double Bottom (D)
Multiple Bottom (D)
Double Top (D)
Multiple Top (D)
Weekly Chart Patterns
Weekly Bull Flag
Weekly Bear Flag
Squeeze Week
Channel (W)
Double Bottom (W)
Multiple Bottom (W)
Double Top (W)
Multiple Top (W)
18.79
+0.21 (+1.13%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorFinancials
GICS IndustryBanks
Performance
% Chg1.13%
1 Week-0.21%
2 Weeks-5.05%
1 Month-0.95%
3 Month6.4%
6 Month10.86%
12 Month34.5%
2 Year63.39%
3 Year31.58%
5 Year10.4%
10 Year56.84%
15 Year92.72%
Volatility
ATR(14)0.65
ATR(20)%3.25%
ATR Inc29.15%
Range Today0.65
ADR(20)0.57
ADR(20)%3.05%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS78.09
3 months CRS69.55
6 months CRS71.8
Mansfield0.78
10 Day High20.43
10 Day Low18.28
20 Day High20.68
20 Day Low18.28
52 Week High20.68
52 Week Low11.47
CS1 End18.15
CR1 Start20.33
Volume & EV
DER(3)-1.29%
DER(5)-1.71%
Volume166.70K
Volume Incr-33.68%
Vol(5)189.62K
Vol(50)218.95K
SHORE BANCSHARES INC / SHBI FAQ
What is the technical rating for SHBI stock?
ChartMill assigns a technical rating of 7 / 10 to SHBI.
Can you provide the trend direction for SHORE BANCSHARES INC?
The current trend direction for SHORE BANCSHARES INC (SHBI) is Bullish.
What is the RSI signal for SHBI stock?
SHORE BANCSHARES INC (SHBI) has an RSI value of 45.2518. This indicates that the stock is currently neutral.
What is the short term momentum for SHORE BANCSHARES INC (SHBI) stock?
The short term momentum for SHORE BANCSHARES INC (SHBI) is neutral.